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Recent stories from sustg
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Saudi Arabia and Qatar Continue Standoff as Crisis Deepens
The diplomatic standoff between Saudi Arabia and Qatar continued to deepen yesterday as the respective foreign ministers of each nation sparred over the Kingdom’s 13 demands of Qatar. Saudi Arabia’s Foreign Minister Adel al-Jubeir said on Tuesday that there would be no negotiations over demands by the kingdom and other Arab states for Qatar. Asked by […]
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VICE Video: ‘Building Saudi Arabia’s First Movie Theatre’
VICE News has posted a video on the burgeoning entertainment industry in Saudi Arabia and the challenges of creating original content in the Kingdom. “There is strong content being created by Saudis in the underground filmmaking scene. The challenges Saudi artists face, instead of lessening the quality of their work, actually add layers, nuance and […]
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Transfer of Tiran and Sanafir Islands Approved by Egypt’s Parliament
Egypt’s parliament has approved the transfer of two key islands in the Red Sea to Saudi Arabia, all but finalizing a deal to restore ownership of the islands to Saudi Arabia after more than half a century. The parliament, after “three days of rowdy and emotional debate” according to the New York Times, approved a […]
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Jadwa Investment Data Shows ‘Mildly Improving Picture’ for Saudi Economy
Riyadh-based Jadwa Investment’s recently released Economic Chartbook for the month of April finds data continues to “show a mildly improving picture,” according to Fahad Alturki, Jadwa’s Chief Economist. “Economic data continues to show a mildly improving picture in April. POS transactions jumped 11.4 percent, year-on-year, and although ATM withdrawals remain negative year-on-year, they showed an […]
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Custodian of the Two Holy Mosques, Ruler of Saudi Arabia, and King of Twitter
Saudi Arabia’s King Salman is ruler of more than just the Kingdom of Saudi Arabia. King Salman is the world leader whose original Tweets generate the most Retweets, according to the latest “Twiplomacy” study by the communications firm Burson-Marsteller. But unlike President Trump, King Salman publishes sparingly, with only 10 Tweets posted during the study. And […]
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Gulf Spat Following President Trump’s Visit to Saudi Arabia Tests GCC Unity
Tensions continue to run high for a sixth straight day in the GCC between Saudi Arabia and Qatar regarding relations with regional rival Iran, according to reports. Despite a strong show of unity for the recent visit of President Trump to the Kingdom, “[t]ensions in the Gulf were laid open for a sixth day, with […]
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Deputy Crown Prince Mohammed bin Salman in Moscow to Meet with Russian President Vladimir Putin
Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman and Russian President Vladimir Putin met today in Moscow as the Kingdom and Russia work together on oil production cuts, Reuters reports. Russia and Saudi Arabia played key roles in a successful global deal which saw oil production curtailed by 1.8 million barrels per day as part of […]
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Overview of Saudi Arabia’s Drive Toward Privatization
Saudi Arabia’s push toward privatization is a key component of the government’s ambitious Vision 2030 economic and social reform program, and necessary for the Kingdom’s goals of diversifying its economy away from petroleum revenue dependency. The news service Reuters provides a “factbox” list of Saudi Arabia’s sectors that are making progress toward privatization, and encouraging […]
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Ahead of Trump’s Visit, White House Official Tells Reuters $100b in Arms Deals Planned
The United States is close to completing a series of arms deals with Saudi Arabia totaling more than $100 billion, a senior White House official told Reuters on Friday, a week ahead of President Donald Trump’s planned visit to Riyadh. The arms deals could reach up to $300 billion over 10 years to help Saudi […]
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Major Reduction in Quarterly Budget Deficit Figures a Positive for Kingdom’s Economic Reforms
In an analysis of official data from the Kingdom, Bloomberg found a significant year-on-year reduction in Saudi Arabia’s budget deficit from Q1 2017, a sign that the Kingdom’s economic reforms coupled with an uptick in oil prices have positively impacted the government’s balance sheet. According to Saudi Arabia’s finance ministry and as reported in Bloomberg, […]
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MUST-READS
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Saudi Arabia’s King Salman Eases ‘Guardianship’ Rules Against Women?
An order from the Saudi king allows women access to more services, barring a previous 'regulatory obligation' that requires them to have male guardianship.
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Perspective: Trump seeks greater collaboration with Saudi Arabia, but will this boost counterterrorism?
Most partners support U.S. counterterrorism efforts in some ways and hinder them in other ways. A core challenge for American leaders is to maximize gains and minimize costs.
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The ‘ultimate deal’? Trump’s Middle East peace plan is actually 15 years old
Several regional leaders have urged the administration to revive the Arab Peace Initiative, unveiled in 2002 and under which Arab states would recognize Israel in return for a Palestinian state in line with pre-1967 borders
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Are the U.S. and Iran on a Collision Course in Syria?
With Iran and its Shiite proxies determined to thwart American influence in Syria, Washington could soon find itself fighting a second front.
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What will Rouhani’s repeat mean for Iran and Washington?
Like his 2013 election, Rouhani’s win on Friday culminated a tense, unsettled campaign that highlighted the ideological fissures within Iran’s political establishment as well as the perennial dissatisfaction of its electorate.
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What kind of deal is Trump making with Saudi Arabia?
At this early stage, however, it may be more useful to view Trump’s Saudi visit through the lens of intra-alliance bargaining games.
- The Nation - What Explains Trump’s Sharp About-Face on Saudi Arabia?
- The Hill - Iran's leader jabs Trump's 'theatrical' Saudi trip
- Al-Monitor - Saudis trumpet Trump
- Slate - Trump’s Sunni Strategy
- ABC - Human rights ‘not the central part’ of Trump’s talks with Saudi Arabia, Tillerson says
- LobeLog - Trump in Riyadh: More Style Than Substance
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What scandal? So far on his foreign tour, Trump has escaped ‘that Russia thing.’
Top officials in previous White Houses said it was unusual for so much of Trump’s senior staff to leave the country at once. The few senior aides who stayed behind include White House counsel Don McGahn, counselor to the president Kellyanne Conway and communications director Michael Dubke.
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Will U.S. Intelligence Partners Trust Trump Anymore?
The real danger behind President Donald Trump’s decision to shared classified information with Russian officials isn’t that he did something illegal but that foreign partners will now be reluctant to share sensitive information, endangering the U.S. government’s ability to track security threats, former administration and intelligence officials told Foreign Policy.
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Iran elections: presidential debates or reality TV show?
The debate degenerated into a spectacle – a vulgar reality TV show – which elicited tears, cheers and jeers among many: decades after a revolution that was meant to fight corruption and injustice, Iran’s senior politicians are mired in all sorts of scandals involving misuse of funds and abuse of power.
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With Oil Prices Remaining Low, Where Are Middle East SWFs Finding Attractive Yields Locally?
Investments in traditional sectors such as real estate and infrastructure as well as upcoming areas like e-commerce and technology related businesses are gaining traction.
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